Frank barlowe is retiring soon, so he’s concerned about his investments providing him with a steady income every year. he’s aware that if interest ratesincrease , the potential earnings power of the cash flow from his investments will increase. in particular, he is concerned that a decline in interest rates might lead toless annual income from his investments. what kind of risk is frank most concerned about protecting against? reinvestment risk interest rate risk answer the following question based on your understanding of interest rate risk and reinvestment risk. true or false: assuming all else is equal, long-term securities are exposed to higher interest rate risk than short-term securities.